Successful IPOs by Russian companies have woken up market, its volumes will grow - bankers
MOSCOW. April 7 (Interfax) - Recent successful IPOs by Russian issuers, including Ozon and retailer Fix Price , have stirred the market: more and more companies from Russia are thinking about public offerings, and the volume of this market will grow in the near future, according to bankers and investors who participated in the relevant session of the Exchange Forum organized by the Moscow Exchange .
"We're talking about valuing the pipeline for 2021-2022 at 10-12 billion dollars equivalent in terms of public transactions in the equity market. I think we will see both the 'old economy' and quite actively the 'new economy', more than 50% [of the total IPO volume] will be the new economy," Gazprombank first vice president Denis Shulakov, said at the session focusing on the equity capital market boom.